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Property profile & analytics
OFF-MARKET
Estimated value
$40,000,000
Office buildings
1100 Abernathy Rd Atlanta, GA 30328-5620
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US22-1707784
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1988
Total area
178,845 SF
Lot
5.21 ac (226,948 SF)
Zoning code
OIC
APN
17 0019 LL1093
UPID
US22-1707784
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Joshua Loud - Raymond James Financial Advisor
-
Padgett Sherry L DDS Dental Office
-
Richmond Water Heaters Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Reliance Trust Bank Loan Service
-
Greystone Servicing Corporation Inc Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$39.30M
Comparable Approach
Comparable
$52.65M
Blend (final)
Blend
$40.00M
Owner & transaction history
Cousins Northpark 500/600 LLC · 11 yrs held
Cousins Northpark 500/600 LLC
since 2014
7 recorded transactions
Zoning & alternative use
OIC · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$50.3M
+50.1%
Neighborhood: shopping center
$48.7M
+45.3%
Medical building
$48.6M
+45.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$42,575,000
6.5%
$39,300,000
7%
$36,495,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$33,490,000
Current use
COMMERCIAL (GENERAL)
$50,270,000
Change: +50% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$48,675,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$48,625,000
Change: +45% · Conversion: Easy
AUTO REPAIR, GARAGE
$45,415,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$40,115,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$40.00M
Range $36.00M – $44.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$224 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,502,323
Tax year 2023
Assessed value
$46,618,360
Assessed 2023
Previous assessed
$46,618,360
+0.0% YoY
Effective rate
3.22%
On assessed value
Assessed land
$937,800
Assessed improvement
$45,680,560
Land market value
$2,344,500
Improvement market value
$114,201,400
Total market value
$116,545,900
Applied tax rate
59.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
Off-Market
Year built
1988
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Total area
178,845 SF
Lot
5.21 ac (226,948 SF)
Zoning code
OIC
APN
17 0019 LL1093
UPID
US22-1707784
Jurisdiction
FULTON
Zoning & alternative use
OIC · Atlanta, GA
Zoning OIC · permitted uses
OIC · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$33.5M
COMMERCIAL (GENERAL)
Est. value
$50.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$48.7M
MEDICAL BUILDING
Est. value
$48.6M
AUTO REPAIR, GARAGE
Est. value
$45.4M
RETAIL STORES
Est. value
$40.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
5.21 ac
Current owner
From public records · entity-resolved
Cousins Northpark 500/600 LLC
Entity
Mailing address
3344 PEACHTREE RD NE STE #1800, ATLANTA, GA 30326-4802
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2014
—
Cousins Northpark 500/600 LLC
Fulcoprop56 LLC
Quit Claim Deed
related
$230,207,498 · Cousins Northpark Acqu 500/600
Oct 3, 2014
$233,000,000
Cousins Northpark 500/600 LLC
Fulcoprop56 LLC
Grant Deed
—
Dec 21, 2007
$101,750,000
Fulcoprop56 LLC
Northpark-500 Associates
Grant Deed
—
Dec 21, 2007
—
Fulcoprop56 LLC
Northpark-500 Associates
Quit Claim Deed
related
$72,340,000 · Miscellaneous Ins Co
Dec 19, 2007
$101,750,000
Fulcoprop56 LLC
Northpark,600 Associates
Grant Deed
—
Dec 19, 2007
—
Fulcoprop56 LLC
Northpark,500 Associates L
Grant Deed
related
—
Jun 20, 2007
—
City Of Sandy Springs
Northpark,500 Associates L
Grant Deed
related
—
—
—
Omni National Bank
—
Deed Of Trust
related
$140,700 · Andre Goldsmith
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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